SKF R&D

The project concerns selected areas of the Promoter's overall R&D programme, notably (i) the advanced research and technology development in materials, thermal treatment, modelling and simulation, tribology and lubrication, and (ii) the product development in the areas of rolling bearings, seals, mechatronics and lubrication systems for the automotive, aerospace, rail, wind and other industrial applications.

Objectives

The principle aim of the project is the improvement of efficiency in terms of reduction of friction and weight through advanced design and new materials.

Comments

The project location is predominantly Sweden and the Netherlands.

Sector(s)

Industry

Proposed EIB finance (Approximate amount)

EUR 230 million

Total cost (Approximate amount)

EUR 463 million

Environmental aspects

The project concerns investments in research and development carried out in existing facilities already authorised. An EIA therefore is not required by EIA Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. Overall, the project is considered acceptable with no negative residual impacts, and some of the outcomes of the project, and notably the ones related to improved friction and weight characteristics of the systems will contribute to improved energy efficiency of the final products they will be used in.

Procurement

The promoter is a private sector company operating in the manufacturing sector not covered by EU Directives on procurement.

Status

Approved - 24/04/2012.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

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Guide to procurement

This Guide applies specifically to those components of a project identified for the Bank's financing.